Reply To: Lithium v ESG

[Andrew Spencer]

Interesting question! I saw that last month British Lithium produced Lithium Carbonate from granite, marking this first time that this has been done commercially. This method of extraction is considered sustainable, so perhaps a balance can be found with ESG. Moreover, this is apparently the only lithium production facility in the world that will be quarrying and refining on the same site, which is great from an ESG standpoint.

Also, as Lithium Carbonate is a key component of Lithium batteries, and all UK car manufacturing will convert to electric vehicles, I think even less sustainable Lithium production will need to increase to meet targets.